Daily Practice

GCSE Business

17th August 2023

5 questions · GCSE · 503 questions in this band

1
Business aims and objectives
Give one reason a well-established plc might prioritise profit maximisation over survival.
2
Stakeholders and their conflicting interests
State one interest a supplier has in the businesses it supplies.
3
Business location decisions
Identify which location factor matters most to a business that relies heavily on passing trade.
4
Business planning
Give one piece of information a bank would want to see in a business plan before agreeing a loan.
5
The Dynamic Nature of Business: Spotting New Opportunities
Name a UK business that grew mainly by innovating an existing product, rather than inventing something entirely new.

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